ZTE, a global telecommunications company has achieved a milestone in collaboration with Digital Nasional Bhd (DNB), Malaysia’s government-owned single wholesale 5G network operator and Telekom Malaysia (TM), the national connectivity and digital infrastructure...
Siliconware Precision Industries Co., Ltd. (SPIL), a global semiconductor packaging and testing company based in Taiwan, has marked the commencement of construction for its Malaysia P1 plant at Bandar Cassia Technology Park in Penang, northern Malaysia. This...
Apple will open its first store in Malaysia as part of its regional expansion across Southeast Asia. This will be Apple’s sixth store in the area, following three in Singapore and two in Thailand. Situated at the Exchange TRX shopping center in Kuala Lumpur,...
The Malaysian government has committed MYR 9.5 million (USD 2 million) to a new cocoa cultivation initiative that includes the establishment of a new 350-hectare plantation and a recovery project covering 2,126 hectares. This investment aims to boost local cocoa...
The Malaysian Investment Development Authority (Mida), the country’s principal investment promotion agency has approved 4,230 green technology projects worth MYR 41 billion (USD 875 million) as of 2023. The country is witnessing a surge in green technology investment...
Mavcom, the Malaysian Aviation Commission, is working towards implementing its Airports Quality of Service (QoS) Framework at the country’s main airports by the year’s end. The QoS comprehensive framework, comprising 28 areas of improvement identified in...
Malaysia has established its own energy exchange, Energy Exchange Malaysia (Enegem), to facilitate cross-border trading of green electricity. The inaugural auction, set to export 100 megawatts (MW) to Singapore, will be opened exclusively to entities holding...
Malaysian Minister of Science, Technology, and Innovation (MOSTI) Chang Lih Kang announced that hydrogen-powered car technology is ready in Malaysia, with the economy potentially gaining MYR 12 billion (USD 2.56 billion) from green hydrogen exports by 2030. To...
BioNexus Gene Lab Corporation (BGLC), a US-based global leader in genomic diagnostics and healthcare technology, has announced a strategic investment by its wholly-owned subsidiary, MRNA Scientific Sdn Bhd, in Ascension Innovation Sdn Bhd (AISB), a Malaysian company....
GXBank, a digital banking entity in Malaysia and a subsidiary of GXS Bank Pte. Ltd., formed through a partnership between Grab Holdings Limited, Singapore Telecommunications Limited (Singtel), and Malaysian investors, is gearing up to establish a regional Center of...
UAE-based global logistics provider, DP World, and Malaysia’s port operator, Sabah Ports have recently formed a collaborative partnership to oversee the management of the Sapangar Bay Container Port. The primary objective of this strategic partnership is to...
US-based semiconductor giant TTM Technologies has committed a substantial investment of USD 200 million to establish its inaugural manufacturing plant in Malaysia. This facility, situated in Penang Science Park within the Northern region of the country, is tailored...
